What does S.W.A.N VFO do? What is the Vision and Mission of S.W.A.N VFO?

S.W.A.N. Virtual Family Office (VFO) is Evansville’s first multi-disciplinary firm with a family office experience. The VFO brings together an elite group of specialists on an as-needed basis, who works collaboratively. A virtual family office is able to deliver a wide range of state-of-the-art expertise, because they structure (many times idiosyncratic) cohesive teams, for each client.

VFO has proprietary software to bring its systematic 5 step process together. The multi-disciplinary practice offers planning in 5 areas: Tax, Law, Insurance, Private Wealth Management, and Business Consulting. S.W.A.N VFO helps you keep more, to do more, so you can Sleep Well At Night. VFO’s Vision and Mission: Maximizing Our Clients’ Potential Through Proactive & Holistic Planning.

Could you brief about all the services that S.W.A.N VFO offers?

VFO offers the following services:

• Financing & Positive Arbitrage
• Business Advisory
• Advanced Insurance Concepts
• Advanced Tax Reduction Planning
• Advanced Legal
• Private Wealth Management

How do your services differ for businesses, families, and individuals?

Often, professionals deal with their affluent and business owner clients in a haphazard manner. The different professionals never talk to each other, if they do, it can be adversarial. A piecemeal approach to problems leads to more costs. This is what separates a Virtual Family Office from everyone else.

All solutions are intricately coordinated and synergies extracted to produce superior results.

What we are in English is that we are problem solvers. What are your pain points? We can usually solve more than one pain point. Paying too much income tax? We have high-impact solutions for that on the 1040 or business return. Worried about labor costs? We have some tax credits that can help with that. Worried about non-labor costs? We have a specialist on our team that specializes in that. Need more high-impact deductions for the business return? We have solutions for that. Is the business paying too much in insurance? We have a solution for that. We can use that same solution to significantly lower malpractice insurance, as an example, or use it to lower the insurance on a fleet of semi-tractor trailers.

Would you like to throw some light on your dynamic problem-solving techniques which greatly help the clients to overcome challenging barriers?

We offer a free strategy session to see if we can help and if we are a good fit. We charge a research and analysis fee after that. It can range from $1,000 to $5,000 depending on how much work is needed. We then present each option of the plan. There may be 2-3 or as many as 12-15 options, depending on the size and scope of the plan. There is a fee at that point to move forward and for implementation. We would like to show our clients what their actual savings is before we charge a planning and implementation fee.

Other firms charge a lot upfront and do not deliver the results we do. Plus, we can implement any strategy that we talk about. Here at S.W.A.N. VFO we are helping our clients ‘Sleep Well At Night’.

Which factors get in to developing a winning retirement strategy at S.W.A.N VFO?

Most of the strategies require a third-party specialist on our team, to implement it a particular strategy. We work with a lot of different clients, whether they are high-wage w-2 earners, business owners, or a combination of both.

Our ideal clients are:

• Has a total AGI (Adjusted Gross Income) or total household income of $450,000 with $35,000 in investable
• A business owner with at least $100,000 or more in profit.
• Has a realized capital gains event of $500,000 or more.
• Has a realized capital gains event plus the AGI or total household income equals $450,000 or more.
• A client that has investable assets of $250,000 or more, and does not fall into the other categories,
• A tax professional that is already doing tax planning but wants

to learn how to do advanced tax planning and be able to implement it. We have a coaching program for this and work with numerous tax firms nationally, to teach and implement the strategies.

While one wants to take his/her business to the next level, why do you think it is best to approach S.W.A.N VFO, when there are others available in the market?

Our specialists work together to bring the absolute best solutions to the table for our clients. There are strategies that overlap in areas of advanced planning, that you would not get access to in the traditional transactional model. When all you have is a hammer as a tool, everything you see is a nail. If you have more tools available, like within our VFO, you can really solve the pain points and do it to the maximum level.

About the CEO…       

Ryan K. Foncannon, MBA is an award-winning about 12 years ago, I went fully independent. I kept getting high- wage w-2 earning clients that were making great money but were getting killed on taxes. Their tax professionals did not have any other ideas or strategies to bring to the table. I also noticed this trend for profitable businesses that had run out of good ideas to mitigate and lower taxes, with tax deductions and/or tax credits. I had looked at the tax planning educational landscape and found a few places that were teaching how to do basic and even intermediate tax planning, but they even left more to be desired.

They had some strategies, but they did not have high-impact strategies that could save high-wage w-2 earners over $100,000 or even over a million dollars. That left a lot to be desired for successful business owners, as well. I knew there were strategies out there to be learned and used. I had seen numerous multimillionaires and billionaires paying little to no taxes legally. So, I set out to find and learn the strategies they were using to achieve paying so little or no taxes. I not only wanted to learn these strategies, but I also needed to be the conduit to implement them. That is where the idea of our Virtual Family Office (VFO). Most of the strategies require a third-party specialist on our team, to implement it a particular strategy. 

Strategist and a private wealth advisor. He has a very diverse background. He received his master’s in business administration and his bachelor’s in marketing and management from the University of Southern Indiana. He is a fiduciary with his Series 65 license. He is also licensed in life, health, disability, annuity, and long-term care.

He has a background in financing, insurance, business advisory, wealth management, and advanced tax planning. He is also the Managing Partner of S.W.A.N. Virtual Family Office (VFO). Mr. Foncannon takes a holistic, proactive, and comprehensive approach to the pain points of his clients. He takes the time to listen to his clients, making sure they are heard, they are understood and what they say matters to him. He has helped his clients save millions in taxes from proven, legal, and audit-protected strategies.

Company name      :  SWAN Virtual Family Office
Managing Partner  :  Ryan K.Foncannon
Mail I’d                      : ryan@swan-consult.com
Website                    : swan-consult.com